8-K 1 aeg03001.txt JUNE 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 25, 2003 AEGIS ASSET BACKED SECURITIES TRUST Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-90230-01 54-2110381 Pooling and Servicing Agreement) (Commission 54-2110382 (State or other File Number) 54-2110383 jurisdiction 54-2110384 of Incorporation) IRS EIN c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On June 25, 2003 a distribution was made to holders of AEGIS ASSET BACKED SECURITIES TRUST, Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust, relating to the June 25, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AEGIS ASSET BACKED SECURITIES TRUST Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 7/1/03 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset Backed Certificates, Series 2003-1 Trust, relating to the June 25, 2003 distribution.

AEGIS Asset Backed Securities Trust Mortgage Loan Asset Backed Certificates Record Date: 45/3031/03 Distribution Date: 56/2725/03 AEGIS Series: 2003-1 Contact: CTSLink Customer Service Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A1 00764MAA5 SEN 1.72000% ~~249~~245,~~115~~270,~~000~~558.0038 ~~392~~339,~~771~~835.3298 3,~~844~~409,~~441~~097.6235 A-IO 00764MAB3 SEN-IO 6.00000% 0.00 96,389.55 0.00 M1 00764MAC1 MEZ 2.37000% 16,464,000.00 3531,~~768~~432.0452 0.00 M2 00764MAD9 MEZ 3.57000% 12,169,000.00 3934,~~823~~996.0502 0.00 B1 00764MAE7 SUB 4.82000% 8,591,321.00 3733,~~959~~358.3219 0.00 X AEG03001X OC 0.00000% 0968,746.4816 0.00 0.00 P AEG03001P SEN 0.00000% 100.00 4152,~~836~~436.9861 0.00 R1 AEG0301R1 RES 0.00000% 0.00 0.00 0.00 Totals ~~286~~283,~~339~~463,~~421~~725.4854 ~~644~~588,~~548~~448.2687 3,~~844~~409,~~441~~097.6235

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 ~~245~~241,~~270~~861,~~558~~461.3803 43,~~237~~748,~~212~~933.9433 0.00 A-IO 0.00 0.00 96,389.55 0.00 M1 0.00 16,464,000.00 3531,~~768~~432.0452 0.00 M2 0.00 12,169,000.00 3934,~~823~~996.0502 0.00 B1 0.00 8,591,321.00 3733,~~959~~358.3219 0.00 X 0.00 ~~968~~1,~~746~~989,146.1691 0.00 0.00 P 0.00 100.00 4152,~~836~~436.9861 0.00 R1 0.00 0.00 0.00 0.00 Totals 0.00 ~~283~~281,~~463~~075,~~725~~028.5494 43,~~488~~997,~~989~~546.8822 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A1 249,115,000.00 ~~249~~245,~~115~~270,~~000~~558.0038 0.00 3,~~844~~409,~~441~~097.6235 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M1 16,464,000.00 16,464,000.00 0.00 0.00 0.00 0.00 M2 12,169,000.00 12,169,000.00 0.00 0.00 0.00 0.00 B1 8,591,321.00 8,591,321.00 0.00 0.00 0.00 0.00 X 0.48 0968,746.4816 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 286,339,421.48 ~~286~~283,~~339~~463,~~421~~725.4854 0.00 3,~~844~~409,~~441~~097.6235 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A1 3,~~844~~409,~~441~~097.6235 ~~245~~241,~~270~~861,~~558~~461.3803 0.~~98456760~~97088277 3,~~844~~409,~~441~~097.6235 A-IO 0.00 0.00 0.00000000 0.00 M1 0.00 16,464,000.00 1.00000000 0.00 M2 0.00 12,169,000.00 1.00000000 0.00 B1 0.00 8,591,321.00 1.00000000 0.00 X 0.00 ~~968~~1,~~746~~989,146.1691 244,~~018,221~~056.~~166666~~06250000 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 Totals 3,~~844~~409,~~441~~097.6235 ~~283~~281,~~463~~075,~~725~~028.5494 0.~~98995704~~98161485 3,~~844~~409,~~441~~097.6235

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 249,115,000.00 ~~1000~~984.~~00000000~~56760283 0.00000000 1513.~~43239717~~68483371 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M1 16,464,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 12,169,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 8,591,321.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.48 ~~1000~~18221166.~~00000000~~66667000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 1513.~~43239717~~68483371 ~~984~~970.~~56760283~~88276912 0.~~98456760~~97088277 1513.~~43239717~~68483371 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.~~00000000 2,018,221~~000000004144056062.~~16666667~~50000000 ~~2,018,221~~4144056.~~16666667~~06250000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A1 249,115,000.00 1.72000% ~~249~~245,~~115~~270,~~000~~558.0038 ~~392~~339,~~771~~835.3298 0.00 0.00 A-IO 0.00 6.00000% 19,277,910.00 96,389.55 0.00 0.00 M1 16,464,000.00 2.37000% 16,464,000.00 3531,~~768~~432.0452 0.00 0.00 M2 12,169,000.00 3.57000% 12,169,000.00 3934,~~823~~996.0502 0.00 0.00 B1 8,591,321.00 4.82000% 8,591,321.00 3733,~~959~~358.3219 0.00 0.00 X 0.48 0.00000% 0968,746.4816 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 286,339,421.48 ~~602~~536,~~711~~012.2826 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A1 0.00 0.00 ~~392~~339,~~771~~835.3298 0.00 ~~245~~241,~~270~~861,~~558~~461.3803 A-IO 0.00 0.00 96,389.55 0.00 19,277,910.00 M1 0.00 0.00 3531,~~768~~432.0452 0.00 16,464,000.00 M2 0.00 0.00 3934,~~823~~996.0502 0.00 12,169,000.00 B1 0.00 0.00 3733,~~959~~358.3219 0.00 8,591,321.00 X 0.00 0.00 0.00 0.00 ~~968~~1,~~746~~989,146.1691 P 0.00 0.00 4152,~~836~~436.9861 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 ~~644~~588,~~548~~448.2687 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A1 249,115,000.00 1.72000% ~~1000~~984.~~00000000~~56760283 1.~~57666668~~36417309 0.00000000 0.00000000 A-IO 0.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 M1 16,464,000.00 2.37000% 1000.00000000 21.~~17250000~~90916667 0.00000000 0.00000000 M2 12,169,000.00 3.57000% 1000.00000000 32.~~27249979~~87583368 0.00000000 0.00000000 B1 8,591,321.00 4.82000% 1000.00000000 43.~~41833334~~88277775 0.00000000 0.00000000 X 0.48 0.~~00000%~~000000 ~~1000~~18221166.~~00000000~~66667000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A1 0.00000000 0.00000000 1.~~57666668~~36417309 0.00000000 ~~984~~970.~~56760283~~88276912 A-IO 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 M1 0.00000000 0.00000000 21.~~17250000~~90916667 0.00000000 1000.00000000 M2 0.00000000 0.00000000 32.~~27249979~~87583368 0.00000000 1000.00000000 B1 0.00000000 0.00000000 43.~~41833334~~88277775 0.00000000 1000.00000000 X 0.00000000 0.00000000 0.00000000 0.00000000 ~~2,018,221,166~~144056062.~~66666700~~50000000 P 0.00000000 0.00000000 ~~418,369~~524366.~~80000000~~10000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 4,~~755~~457,~~824~~694.9470 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~114~~20,~~320~~441.3587 Realized ~~Losses~~Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 4152,~~836~~436.9861 Total Deposits 4,~~911~~530,~~982~~573.2718 Withdrawals Reimbursement for Servicer Advances 0114,320.0035 Payment of Service Fee ~~422~~418,~~992~~706.3961 Payment of Interest and Principal 43,~~488~~997,~~989~~546.8822 Total Withdrawals (Pool Distribution Amount) 4,~~911~~530,~~982~~573.2718 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~119~~118,~~308~~109.0183 Credit Risk Fee 3,~~579~~543.2430 MGIC Fee ~~297~~294,~~122~~100.4174 Trustee Fee 2,~~982~~952.7374 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~422~~418,~~992~~706.3961

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 02 0 0 02 0302,482.0028 0.00 0.00 0302,482.0028 30 Days ~~104~~17 0 0 0 ~~104~~17 142,~~125~~128,~~058~~467.3439 0.00 0.00 0.00 142,~~125~~128,~~058~~467.3439 60 Days 72 0 0 0 72 ~~981~~368,~~433~~867.2984 0.00 0.00 0.00 ~~981~~368,~~433~~867.2984 90 Days 2 0 0 2 0 2 ~~161,041.28~~ 0.00 0.00 160,962.64 0.00 ~~161~~160,~~041~~962.2864 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~113~~19 02 02 0 ~~113~~23 152,~~267~~497,~~532~~335.9123 0302,482.0028 0160,962.0064 0.00 152,~~267~~960,~~532~~780.9115 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.~~000000~~097513% 0.000000% 0.000000% 0.~~000000~~097513% 0.~~000000~~107616% 0.000000% 0.000000% 0.~~000000~~107616% 30 Days 50.~~031447~~828864% 0.000000% 0.000000% 0.000000% 50.~~031447~~828864% 40.~~983023~~757260% 0.000000% 0.000000% 0.000000% 40.~~983023~~757260% 60 Days 0.~~338655~~097513% 0.000000% 0.000000% 0.000000% 0.~~338655~~097513% 0.~~346229~~131235% 0.000000% 0.000000% 0.000000% 0.~~346229~~131235% 90 Days 0.~~096759~~000000% 0.000000% 0.~~000000~~097513% 0.000000% 0.~~096759~~097513% 0.~~056812~~000000% 0.000000% 0.~~000000~~057267% 0.000000% 0.~~056812~~057267% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 50.~~466860~~926377% 0.~~000000~~097513% 0.~~000000~~097513% 0.000000% 51.~~466860~~121404% 50.~~386064~~888494% 0.~~000000~~107616% 0.~~000000~~057267% 0.000000% 51.~~386064~~053378%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Arm No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 02 0 0 02 0302,482.0028 0.00 0.00 0302,482.0028 30 Days 9917 0 0 0 9917 132,~~549~~128,~~167~~467.5339 0.00 0.00 0.00 132,~~549~~128,~~167~~467.5339 60 Days 61 0 0 0 61 ~~799~~186,~~058~~576.5411 0.00 0.00 0.00 ~~799~~186,~~058~~576.5411 90 Days 2 0 0 2 0 2 ~~161,041.28~~ 0.00 0.00 160,962.64 0.00 ~~161~~160,~~041~~962.2864 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~107~~18 02 02 0 ~~107~~22 142,~~509~~315,~~267~~043.3550 0302,482.0028 0160,962.0064 0.00 142,~~509~~778,~~267~~488.3542 0-29 Days 0.~~000000~~111111% 0.000000% 0.000000% 0.~~000000~~111111% 0.~~000000~~121672% 0.000000% 0.000000% 0.~~000000~~121672% 30 Days 50.~~454545~~944444% 0.000000% 0.000000% 0.000000% 50.~~454545~~944444% 50.~~403810~~856163% 0.000000% 0.000000% 0.000000% 50.~~403810~~856163% 60 Days 0.~~330579~~055556% 0.000000% 0.000000% 0.000000% 0.~~330579~~055556% 0.~~318688~~075049% 0.000000% 0.000000% 0.000000% 0.~~318688~~075049% 90 Days 0.~~110193~~000000% 0.000000% 0.~~000000~~111111% 0.000000% 0.~~110193~~111111% 0.~~064228~~000000% 0.000000% 0.~~000000~~064746% 0.000000% 0.~~064228~~064746% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 51.~~895317~~000000% 0.~~000000~~111111% 0.~~000000~~111111% 0.000000% 51.~~895317~~222222% 50.~~786726~~931212% 0.~~000000~~121672% 0.~~000000~~064746% 0.000000% 51.~~786726~~117630% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Fixed No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 50 0 0 0 50 ~~575,890~~0.8100 0.00 0.00 0.00 ~~575,890~~0.8100 60 Days 1 0 0 0 1 182,~~374~~291.7573 0.00 0.00 0.00 182,~~374~~291.7573 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 61 0 0 0 61 ~~758~~182,~~265~~291.5673 0.00 0.00 0.00 ~~758~~182,~~265~~291.5673 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~984127~~000000% 0.000000% 0.000000% 0.000000% 10.~~984127~~000000% 10.~~759519~~000000% 0.000000% 0.000000% 0.000000% 10.~~759519~~000000% 60 Days 0.~~396825~~398406% 0.000000% 0.000000% 0.000000% 0.~~396825~~398406% 0.~~557210~~561422% 0.000000% 0.000000% 0.000000% 0.~~557210~~561422% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 20.~~380952~~398406% 0.000000% 0.000000% 0.000000% 20.~~380952~~398406% 20.~~316729~~561422% 0.000000% 0.000000% 0.000000% 20.~~316729~~561422%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~114~~20,~~320~~441.3587

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 8.~~358402~~361368% Weighted Average Net Coupon 7.~~858403~~861368% Weighted Average Pass-Through Rate 6.~~585711~~588837% Weighted Average Maturity(Stepdown Calculation ) ~~353~~352 Beginning Scheduled Collateral Loan Count 2,~~085~~067 Number Of Loans Paid In Full 1816 Ending Scheduled Collateral Loan Count 2,~~067~~051 Beginning Scheduled Collateral Balance ~~286~~283,~~339~~463,~~421~~625.4854 Ending Scheduled Collateral Balance ~~283~~281,~~463~~074,~~625~~928.5494 Ending Actual Collateral Balance at 3031-~~Apr~~May-2003 ~~283~~281,~~463~~074,~~625~~928.5494 Monthly P &I Constant 2,~~190~~170,~~284~~751.2024 Special Servicing Fee 0.00 Prepayment Penalties 4152,~~836~~436.9861 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~283~~281,~~463~~074,~~625~~928.5494 Scheduled Principal 195,~~834~~631.8256 Unscheduled Principal 2,~~679~~193,~~861~~065.1204 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 3,006,562.00 Overcollateralized Amount ~~968~~1,~~746~~989,146.1691 Overcollateralized Deficiency Amount 21,~~037~~017,~~815~~415.8409 Base Overcollateralized Amount 0.00 Extra principal distribution Amount ~~968~~1,~~745~~020,400.6875 Excess Cash Amount ~~968~~1,~~745~~020,400.6875

Group Level Collateral Statement Group Arm Fixed Total Collateral Description Mixed ARM Fixed 15 & 30 Year Fixed & Mixed ARM Weighted Average Coupon Rate 8.~~364114~~364287 8.~~315098~~339002 8.~~358402~~361368 Weighted Average Net Rate 47.~~573149~~864287 87.~~249152~~839002 7.~~858403~~861368 Pass-Through Rate 6.612683 6.536074 6.588837 Weighted Average Maturity ~~353~~352 ~~353~~352 ~~353~~352 Beginning Loan Count 1,~~831~~815 ~~254~~252 2,~~085~~067 Loans Paid In Full ~~(1,561)~~15 1~~,579~~ 1816 Ending Loan Count 1,~~815~~800 ~~252~~251 2,~~067~~051 Beginning Scheduled Balance ~~252~~250,~~973~~733,~~946~~621.6701 3332,~~365~~730,~~374~~004.8153 ~~286~~283,~~339~~463,~~321~~625.4854 Ending scheduled Balance ~~250~~248,~~733~~605,~~621~~297.0128 32,~~730~~469,~~004~~631.5366 ~~283~~281,~~463~~074,~~625~~928.5494 Record Date 0405/3031/2003 0405/3031/2003 0405/3031/2003 Principal And Interest Constant 1,~~926~~911,~~683~~152.1347 ~~263~~259,~~601~~598.0777 2,~~190~~170,~~284~~751.2024 Scheduled Principal 163,~~430~~479.7311 32,~~404~~152.0945 195,~~834~~631.8256 Unscheduled Principal 21,~~076~~964,~~894~~844.9362 ~~602~~228,~~966~~220.1942 2,~~679~~193,~~861~~065.1204 Scheduled Interest 1,~~763~~747,~~252~~673.4036 ~~231~~227,~~196~~446.9832 1,~~994~~975,~~449~~119.3868 Servicing Fees ~~105~~104,~~405~~472.7932 13,~~902~~637.2251 ~~119~~118,~~308~~109.0183 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 2,~~635~~611.1680 ~~347~~340.5794 2,~~982~~952.7374 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~261~~258,~~016~~904.8129 3635,~~105~~196.6045 ~~297~~294,~~122~~100.4174 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,~~394~~381,~~194~~684.6495 ~~180~~178,~~841~~271.5942 1,~~575~~559,~~036~~956.2337 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.00 0.00 0.00 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 ~~Pass-Through Rate 6.613462 6.504045 6.585711~~

Filing Compare · AEGIS MTG LOAN ASSET BACKED CERTS SERIES 2003-1